Hirsch, Julia - Center for Financial Studies - 2006
parties may be
able to solve the asymmetric information problems, they will never take the spill-over effect
into account. But … confronted with
an experienced market – but we introduce a double-sided asymmetric information prob-
lem by assuming that the E … Classification: D82, G24, G32, H25, H81
Keywords: Public Policy, Contract Design, Venture Capital, Moral Hazard, Asymmetric …